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Bangko Sentral 'studying' central bank-issued digital currency, says Deputy Gov

ABS-CBN News
Posted at May 07 11:13 AM

The Bangko Sentral ng Pilipinas is "studying" central bank-issued digital currencies and comparing notes with its counterparts to see its viability, an official said Friday.    Read more »

Meme-based cryptocurrency Dogecoin soars 40 percent to all-time high

Tom Wilson, Reuters
Posted at May 07 08:33 AM

Meme-based virtual currency Dogecoin soared on Wednesday to an all-time high, extending its 2021 rally to become the fourth-biggest digital coin. Read more »

Economic downturn fueling Argentine crypto craze

ABS-CBN News
Posted at May 04 02:27 PM

Argentina's economic downturn, with high inflation, a deflating currency and a shortage of US dollars to invest in, has in fact proved a shot in the arm for one sector: cryptocurrency. Read more »

US gov't, industry push bitcoin regulation to fight ransomware scourge

Joseph Menn and John Shiffman, Reuters
Posted at Apr 29 08:57 AM

Government and industry officials confronting an epidemic of ransomware, where hackers freeze the computers of a target and demand a payoff, are zeroing in on cryptocurrency regulation as the key to combating the scourge, sources familiar with the work of a public-private task force said. Read more »

Tesla says bitcoin investment worth $2.48 billion

ABS-CBN News
Posted at Apr 28 07:30 PM

Tesla Inc said it could stand to make around $1 billion dollars out of the investment were it to cash in the digital currency. Read more »

Bitcoin hit with record weekly outflow as rally ebbs: CoinShares data

Gertrude Chavez-Dreyfuss, Reuters
Posted at Apr 27 08:48 AM

Bitcoin posted a record weekly outflow, with overall sentiment on cryptocurrencies turning cautious as the digital asset's searing rally hit a wall, data from digital currency manager CoinShares showed on Monday. Read more »

Turkey probes second crypto exchange as market implodes

Dmitry Zaks, Agence France-Presse
Posted at Apr 24 11:49 PM

Turkey on Saturday detained the chief of one of the country's biggest cryptocurrency firms after launching a manhunt for the founder of another exchange who fled to Albania. Read more »

Bitcoin falls 7 percent as cryptos stumble over Biden tax plans

ABS-CBN News
Updated as of Apr 23 05:36 PM

Bitcoin and other cryptocurrencies suffered hefty losses on Friday amid fears that US President Joe Biden's plan to raise capital gains taxes will curb investment in digital assets Read more »

Asian shares shake off US tax fears; cryptocurrencies slump

Andrew Galbraith, Reuters
Posted at Apr 23 03:33 PM

Modest moves in equities markets contrasted with ructions in cryptocurrencies as investors fretted over the impact of tax changes.   Read more »

Bitcoin slumps 14 percent as pullback from record gathers pace

Reuters
Posted at Apr 19 08:43 AM

Bitcoin, the world's biggest cryptocurrency, fell as much as 14 percent to $51,541 on Sunday, reversing most of the big gains it made over the past week.   Read more »

Bitcoin hits record high of $62,575

Reuters
Posted at Apr 13 05:19 PM

Bitcoin hit a record of $62,575 on Tuesday, extending its 2021 rally to new heights. Read more »

Cryptocurrencies: A $2.0-trillion market

Joseph Sotinel, Agence France-Presse
Posted at Apr 13 02:43 PM

The cryptocurrency market has grown exponentially in 2021 and is now worth a staggering $2.0 trillion as it increasingly attracts interest from big names on Wall Street.   Read more »

Coinbase brings cryptocurrencies to Wall Street

Daniel Hoffman, Agence France-Presse
Posted at Apr 13 09:58 AM

The arrival of cryptocurrency exchange Coinbase on Nasdaq is one of the most anticipated events of the year on Wall Street, where enthusiasm for bitcoin is in full swing, despite questions about the sustainability of the market. Read more »

WATCH: Isabelle Daza's toddler son talks about bitcoin

ABS-CBN News
Posted at Apr 02 02:25 PM

Just like many netizens, Isabelle Daza was surprised to hear her son Balthazar talking about bitcoin in one of their breakfast conversations.  Read more »

Visa moves to allow payment settlements using cryptocurrency

Noor Zainab Hussain, Reuters
Posted at Mar 30 08:58 AM

Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.   Read more »

New York Times digital 'NFT' article sells for $563,000

Agence France-Presse
Posted at Mar 26 08:49 AM

A New York Times columnist on Thursday sold one of his articles in digital form for $563,000, the latest example of the craze surrounding "non fungible tokens," which collectors are snapping up. Read more »

Tesla can now be bought for bitcoin, Elon Musk says

Tom Wilson and Maria Ponnezhath, Reuters
Posted at Mar 24 07:09 PM

Tesla Inc customers can now buy its electric vehicles with bitcoin, its boss, Elon Musk, said on Wednesday, marking a significant step forward for the cryptocurrency's use in commerce. Read more »

Bitcoin ATMs are coming to US gas stations

Imani Moise and Anna Irrera, Reuters
Posted at Mar 17 08:34 AM

As of January, there were 28,185 bitcoin ATMs in the United States, according to howmanybitcoinatms.com, an independent research site. Roughly 10,000 came within the prior five months. Read more »

Musk crowned 'Technoking' at Tesla

Agence France-Presse
Posted at Mar 16 11:37 AM

Electric carmaker Tesla has crowned its brash billionaire founder and CEO Elon Musk with a new title: Technoking. Read more »

Dollar firm amid US yield spike; bitcoin hovers around $60,000

Kevin Buckland and Sagarika Jaisinghani, Reuters
Posted at Mar 15 04:29 PM

The US dollar held firm on Monday after bouncing off a one-week low last week, supported by a spike in benchmark Treasury yields to more-than-one-year highs as inflation fears continued to smoulder. Read more »